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Devon Energy (DE:DY6)
XETRA:DY6
Holding DE:DY6?
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DY6 Stock Chart & Stats
Day’s Range― - ―
52-Week Range€29.52 - €51.22
Previous CloseN/A
Volume617.00
Average Volume (3M)940.00
Market Cap
$23.71B
Enterprise Value€33.17B
Total Cash (Recent Filing)$1.96B
Total Debt (Recent Filing)$10.15B
Price to Earnings (P/E)7.2
Beta0.43
Next Earnings
Feb 18, 2025EPS Estimate
0.97Last Dividend Ex-Date
Dec 13, 2024Dividend Yield4.03%
Share Statistics
EPS (TTM)4.98
Shares Outstanding656,900,000
10 Day Avg. Volume1,467
30 Day Avg. Volume940
Standard Deviation0.12
R-Squared0.04
Alpha0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.56
Price to Cash Flow (P/CF)3.90
P/FCF Ratio9.70
Enterprise Value/Market Cap1.40
Enterprise Value/Revenue2.11
Enterprise Value/Gross Profit6.18
Enterprise Value/Ebitda5.08
Forecast
1Y Price Target
€47.42Price Target Upside31.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering21
Devon Energy News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceDevon Energy's financial performance in Q3 exceeded expectations in terms of free cash flow and production volumes.
Operational PerformanceDevon's Delaware assets continue to perform well, with significant improvements in well productivity and cumulative oil volumes.
Shareholder ValueDevon Energy has been actively returning value to shareholders through dividends and share repurchases.
Bears Say
Market ImpactConcerns over the oil macro and the relatively expensive $5bn acquisition of Grayson Mills have impacted DVN.
Production GuidanceThe 2025 outlook implies a slight decline in oil production from 4Q24 levels, which is not consistent with the 'better and faster' results in the Delaware program.
Shareholder ReturnsFor the first time since merging with WPX, Devon did not pay a variable dividend, and buybacks and fixed dividends fell short of the cash returns target.
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Options Prices
Currently, No data available
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Ownership Overview
0.70% Insiders
20.44% Mutual Funds
0.25% Other Institutional Investors
53.68% Public Companies and Individual Investors
DY6 FAQ
What was Devon Energy’s price range in the past 12 months?
Devon Energy lowest stock price was €29.52 and its highest was €51.22 in the past 12 months.
What is Devon Energy’s market cap?
Devon Energy’s market cap is $23.71B.
When is Devon Energy’s upcoming earnings report date?
Devon Energy’s upcoming earnings report date is Feb 18, 2025 which is in 34 days.
How were Devon Energy’s earnings last quarter?
Devon Energy released its earnings results on Nov 05, 2024. The company reported €1.068 earnings per share for the quarter, beating the consensus estimate of €1.056 by €0.012.
Is Devon Energy overvalued?
According to Wall Street analysts Devon Energy’s price is currently Undervalued.
Does Devon Energy pay dividends?
Devon Energy pays a Quarterly dividend of €0.213 which represents an annual dividend yield of 4.03%. See more information on Devon Energy dividends here
What is Devon Energy’s EPS estimate?
Devon Energy’s EPS estimate is 0.97.
How many shares outstanding does Devon Energy have?
Devon Energy has 656,900,000 shares outstanding.
What happened to Devon Energy’s price movement after its last earnings report?
Devon Energy reported an EPS of €1.068 in its last earnings report, beating expectations of €1.056. Following the earnings report the stock price went up 2.267%.
Which hedge fund is a major shareholder of Devon Energy?
Currently, no hedge funds are holding shares in DE:DY6
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Devon Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€47.42 (31.90% Upside)
€47.42 (31.90% Upside)
Blogger Sentiment
Bullish
DE:DY6 Sentiment 84%
Sector Average 73%
Sector Average 73%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.01%
12-Months-Change
Fundamentals
Return on Equity
26.27%
Trailing 12-Months
Asset Growth
24.84%
Trailing 12-Months
Company Description
Devon Energy
Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. It operates through the following geographical segments: U.S., Canada, and EnLink. It develops and operates Delaware Basin, Eagle Ford, Heavy Oil, Baarnett Shale, STACK, and Rockies Oil. The company was founded by J. Larry Nichols and John W. Nichols in 1971 and is headquartered in Oklahoma City, OK.
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DY6 Company Deck
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DY6 Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Devon Energy demonstrated strong operational and financial performance with record production and successful acquisitions. However, challenges remain with gas pricing and a strategic decision to suspend the variable dividend. The sentiment reflects a positive outlook with cautious financial management.Read More>---
DY6 Revenue Breakdown
71.27% Oil, gas and NGL sales
28.73% Marketing and midstream revenues
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DY6 Stock 12 Month Forecast
Average Price Target
€47.42
▲(31.90% Upside)
Technical Analysis
Best Analysts Covering DY6
1 Year
1 Year Success Rate
17/33 ratings generated profit
1 Year Average Return
+70.17%
reiterated a buy rating 2 months ago
Copying Gabriele Sorbara's trades and holding each position for 1 Year would result in 51.52% of your transactions generating a profit, with an average return of +70.17% per trade.
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